v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Sep. 30, 2019
Current Assets    
Cash and cash equivalents $ 45,070 $ 52,982
Restricted cash   101
Accounts receivable (less allowance for doubtful accounts of $159 and $172 at September 30, 2020 and September 30, 2019, respectively) 11,243 12,873
Inventory 17,277 17,532
Contract assets   36
Income taxes receivable 1,362  
Held-for-sale assets   22,755
Other current assets 1,617 1,991
Total current assets 76,569 108,270
Property, Plant and Equipment - Net 11,995 10,217
Right-of-Use Assets - Net 5,124  
Intangible Assets - Net 609 870
Goodwill - Net 6,633 6,633
Deferred Income Taxes - Net 566  
Other Assets 602 487
Total Assets 102,098 126,477
Current Liabilities    
Accounts payable 2,676 4,371
Accrued compensation and related taxes 2,066 2,717
Accrued warranty expense 380 556
Other accrued liabilities 751 1,274
Current maturities of long-term debt 380 371
Contract liabilities 1,224 1,378
Income taxes payable   1,434
Held-for-sale liabilities   18,547
Total current liabilities 7,477 30,648
Long-Term Debt 4,798 5,178
Long-Term Lease Liability 5,064  
Income Taxes Payable 3,240 3,199
Total Liabilities 20,579 39,025
Commitments and Contingencies
Shareholders’ Equity    
Preferred stock; 100,000,000 shares authorized; none issued
Common stock; $0.01 par value; 100,000,000 shares authorized; shares issued and outstanding: 14,063,172 and 14,268,797 at September 30, 2020 and September 30, 2019, respectively 141 143
Additional paid-in capital 124,435 125,098
Accumulated other comprehensive loss (646) (11,233)
Retained deficit (42,411) (26,556)
Total Shareholders’ Equity 81,519 87,452
Total Liabilities and Shareholders’ Equity $ 102,098 $ 126,477

Source